Mene clients' jewellery holdings surpass $250-million

Executive Summary

• Mene Inc. announced that client‑held jewellery now exceeds CAD $250 million, comprising roughly $226 M in gold pieces and $26 M in platinum pieces.
• The milestone reflects sales of over 173,000 jewellery items since the company’s inception in 2017.
• Management highlighted that the current value of held jewellery is about six times the cumulative gross profit earned to date, underscoring the firm’s growth narrative.

Key Details

• Total client‑held jewellery value: ≈ CAD $252 million (≈ $226 M gold + $26 M platinum).
• Number of pieces sold since 2017: > 173,000.
• Value of held jewellery is ~6× the cumulative gross profit earned by Mene since founding.
• CEO Vincent Gladu emphasized the mission to link jewellery with savings and noted strong client support.
• Chief Artistic Officer Diana Widmaier‑Picasso reiterated the brand’s role in democratizing access to pure gold and platinum as enduring stores of value.

Notable Quotes

“We could not be more pleased to have surpassed this $250‑million milestone… Surpassing this milestone is testament to our clients' unwavering support of our mission and our brand.” – Vincent Gladu, CEO

“Mene is democratizing access to pure gold and platinum… To wear Mene is to embrace value and tradition.” – Diana Widmaier‑Picasso, Chief Artistic Officer